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Banking

The new interest-free credit cards taking on Afterpay

Two of Australia's big banks have launched no-interest credit cards in their fight against buy now, pay later providers, but is there a catch?

What is open banking? Here are five things you need to know

Open banking is here, but what is it? And do you really have to share your banking passwords?

Money’s 2020 Bank of the Year

The coronavirus crisis has been a time to focus on customers, says the team from Suncorp, Money's Bank of the Year.

CBA cracks down on ‘threatening’ online banking trend

A worrying new trend in which abusers harass their victims through online banking could have long-term consequences, says an advocate against domestic abuse.

Term deposit rates on the rise

In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% on March 19.

Big banks scramble to ride the digital banking wave

Westpac's foray into digital banking stepped up a gear this week, with the announcement of a digital-only platform. The move is seen as an attempt to coax younger customers away from the new wave of neo banks.

How to protect yourself against the next major bank outage

Last week's CBA outage left many of you high and dry, unable to buy food or pay bills. While tech failures happen, you can avoid the worst of it with a bit of planning.

When rewards credit cards aren’t actually rewarding

A third of rewards card holders say that instead of bringing rewards, their card cost them money to maintain.

The banks with no branches taking on Australia’s Big Four

With slick technology, no branches and limited products, neo-banks are on the rise in Australia, but can they match the big banks on price?

How new credit card rules could stop you racking up debt

New regulations designed to help stop Australians from getting stuck with problematic credit card debt kicked in on January 1. Find out how they affect you.
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